THE HON E W C WELD-FORESTER WILL TRUST
The charity applies its income for the benefit of any of the specified beneficiaries who may be poor and needy.
Objects
TO APPLY THE ANNUAL INCOME OF MY RESIDUARY TRUST FUND FOR THE PURPOSE OF PROVIDING A HOME FOR AND FOR THE MAINTENANCE EDUCATION AND SUPPORT OR OTHERWISE FOR THE BENEFIT OF SUCH ONE OR MORE EXCLUSIVELY OF THE OTHER OR OTHERS OF MY BROTHERS SISTERS NEPHEWS AND NIECES AND THEIR RESPECTIVE ISSUE AND THE SURVIVING HUSBAND OR WIFE OF ANY SUCH PERSON WHO SHALL BE POOR AND NEEDY AND IN THE OPINION OF MY TRUSTEES SUITABLE RECIPIENTS OF CHARITY AS MY TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION WITHOUT BEING LIABLE TO ACCOUNT FOR THE EXERCISE OF SUCH DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £58,201 for the year, driven by a significant investment loss of £59,271 which offset investment income of £49,654. Per the trustees' report, free reserves stood at £63,032, and the trustees confirmed adequate resources to continue operations on a going concern basis.
What the accounts disclose
“Income from stocks and shares 49,654”
“It is the Trustee's policy to maintain sufficient reserves to fund the ongoing administration of the trust over the next financial year.” — page 5
“G E Holdsworth Hunt and H C Dyer Trustees have family members that received grants totaling £6,600 and are creditors at year end. ( 2024: 2 Trustees family members received grants totaling £4,500” — page 16
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- CHARLES JAMES STANBURY WHITAKER
- GUY EDRIC HOLDSWORTH HUNT
- Henrietta Dyer
- The Honerable Alexandra Elizabeth Connell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £50k | £49k |
| 05/04/2024 | £51k | £45k |
| 05/04/2023 | £51k | £57k |
| 05/04/2022 | £49k | £48k |
| 05/04/2021 | £39k | £84k |
Common questions
Is THE HON E W C WELD-FORESTER WILL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £58,201 for the year, driven by a significant investment loss of £59,271 which offset investment income of £49,654. Per the trustees' report, free reserves stood at £63,032, and the trustees confirmed adequate resources to continue operations on a going concern basis. Its FY2025 accounts were independently examined.